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Pohjola Pankki Oyj (LTS:0ICL) Asset Turnover : 0.00 (As of Mar. 2016)


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What is Pohjola Pankki Oyj Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pohjola Pankki Oyj's Revenue for the three months ended in Mar. 2016 was €229 Mil. Pohjola Pankki Oyj's Total Assets for the quarter that ended in Mar. 2016 was €59,604 Mil. Therefore, Pohjola Pankki Oyj's Asset Turnover for the quarter that ended in Mar. 2016 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Pohjola Pankki Oyj's annualized ROE % for the quarter that ended in Mar. 2016 was 9.91%. It is also linked to ROA % through Du Pont Formula. Pohjola Pankki Oyj's annualized ROA % for the quarter that ended in Mar. 2016 was 0.60%.


Pohjola Pankki Oyj Asset Turnover Historical Data

The historical data trend for Pohjola Pankki Oyj's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pohjola Pankki Oyj Asset Turnover Chart

Pohjola Pankki Oyj Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Pohjola Pankki Oyj Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 - -

Competitive Comparison of Pohjola Pankki Oyj's Asset Turnover

For the Banks - Regional subindustry, Pohjola Pankki Oyj's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pohjola Pankki Oyj's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pohjola Pankki Oyj's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pohjola Pankki Oyj's Asset Turnover falls into.



Pohjola Pankki Oyj Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Pohjola Pankki Oyj's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=1082/( (50703+59655)/ 2 )
=1082/55179
=0.02

Pohjola Pankki Oyj's Asset Turnover for the quarter that ended in Mar. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=229/( (59655+59553)/ 2 )
=229/59604
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Pohjola Pankki Oyj  (LTS:0ICL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Pohjola Pankki Oyj's annulized ROE % for the quarter that ended in Mar. 2016 is

ROE %**(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=356/3593.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(356 / 916)*(916 / 59604)*(59604/ 3593.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.86 %*0.0154*16.5866
=ROA %*Equity Multiplier
=0.60 %*16.5866
=9.91 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Pohjola Pankki Oyj's annulized ROA % for the quarter that ended in Mar. 2016 is

ROA %(Q: Mar. 2016 )
=Net Income/Total Assets
=356/59604
=(Net Income / Revenue)*(Revenue / Total Assets)
=(356 / 916)*(916 / 59604)
=Net Margin %*Asset Turnover
=38.86 %*0.0154
=0.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Pohjola Pankki Oyj Asset Turnover Related Terms

Thank you for viewing the detailed overview of Pohjola Pankki Oyj's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Pohjola Pankki Oyj (LTS:0ICL) Business Description

Traded in Other Exchanges
N/A
Address
Pohjola Pankki Oyj, provides banking, non-life insurance and wealth management services. It serves businesses, institutions and private individuals and provides banking and insurance services to customers while supporting corporate customers' business.. The Company operates through the following three business segments: Banking, Asset Management, and Non-life Insurance. The banking segment provides corporate and institutional customers with solutions for their financing and financial management needs. Banking consists of the following divisions: Corporate Banking, Markets and Baltic Banking. Companies within Banking are the member banks, Helsinki OP Bank PLC, OP-Kotipankki Oyj, OP Mortgage Bank and OP Fund Management Company Ltd and certain smaller companies supporting banking services in its entirety. The Company's Banking and Asset Management segments are also included under OP-Pohjola Group's Banking. The operations of OP Bank Group Mutual Insurance Company's are also included under Banking as the company's business consists of credit insurance to OP-Pohjola Group's retail banks. The Wealth Management Segment comprises the following operations: OP Life Assurance Company Ltd and Aurum Investment Insurance Ltd engaged in the Company's life and pension insurance business, OP Fund Management Company Ltd engaged in mutual fund business, and Pohjola Group's Asset Management segment. The Non-life Insurance segment encompasses the operations of OP-Pohjola Group's non-life insurance companies, i.e. Pohjola Insurance Ltd, Eurooppalainen Insurance Company Ltd, A-Insurance Ltd, the Seesam companies operating in the Baltic countries, as well as the operations of service companies supporting non-life insurance. Non-life insurance products include non-life insurance policies sold to corporate and private customers.

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